Products & Rates

Registered Retirement Savings Plans (RRSPs)

When it comes to saving for retirement, it's best to start early, and RRSPs are the best vehicle to maximize those savings.

Because RRSP contributions are tax-deductible within certain limits, you save now by lowering your taxes. Because RRSP interest isn’t taxed until you take it out for your retirement, your interest compounds during your income-earning years.

Why choose an Outlook RRSP?

We make it easier than ever to set up and contribute to an RRSP. At Outlook, you can invest in our RRSP Cashable GICs or our flexible RRSP High-Interest Savings Accounts:

RRSP Cashable GICs

Be worry free with both your RRSP deposit and interest 100% guaranteed without limit.

Choose from 1 to 5 year Guaranteed Investment Certificates with Outlook’s great rates – higher than most conventional financial institutions.

You can withdraw from your RRSP GIC at any time, subject to withholding tax, so you’re secure in knowing you have the money if you really need it. The minimum withdrawal amount is $1000. You must maintain a minimum balance of $1000, or you have the option to cash your entire RRSP GIC at the early withdrawal rate. Withdrawals from RRSP Cashable GICs made prior to the maturity date will earn the early-withdrawal interest rate on the funds withdrawn, calculated back to the date of deposit.